TOP 10 SIGNS THAT REVEAL MOUNTING PANIC
IN THE WORLD BANKING SYSTEM

We don’t want to cause you unnecessary stress or worry, but it might be prudent to pay attention to a series of unusual news reports recently emanating from the banking world. Viewed independently, each event might be rather insignificant.

However, when examined collectively, these events paint a very dire warning for the safety of bank deposits everywhere. Naturally, most all of these have received little to no coverage by the mainstream media. That is to be expected.

The MSM’s job one is to always obfuscate any potentially dangerous news that has a chance of frightening investors or depositors. After all, the goal of the world banking cartel/equities Ponzi scheme is to keep depositors and investors relaxed and passive in their comfort zones until the complete collapse of their positions is unavoidable.

Here is a timeline of these very disturbing banking events that have occurred since last fall:

1 – October 3, 2013:US banks fearing default stock up on cash. The Financial Times reported today that two of the country’s biggest banks are putting into place a “play book” as preparation for a possible banking panic. A senior banking executive reported that his bank has delivered 20 – 30% more cash than usual in cash panicked customers try to withdraw cash in mass.

3 – November 2 – 8, 2013:A reputed computer glitch wipes out ATMs and online banking on a massive scale. Major shutdowns of online banking occurred in Alabama, Arizona, and California and affected such banks as Wells Fargo, Chase, Bank of America, Compass, Chase Fairwinds Credit Union, American Express, and others. Tellers reportedly had a hard time with even simple transactions such as check cashing and checking balances. Rumors circulated on the internet that the banks are using this temporary shutdown as a beta test for a future full bank “holiday” closure.

Whenever the Sage of Omaha is pushed on how he judges whether the US stock market is trading too high or too low he refers to the ratio between the value of US stocks and GDP as a reliable guage of where the market stands.

Analyst Doug Short has a version of the ‘Warren Buffett Indicator’ which uses the value of the Wilshire 5,000, a very broad index. It shows that stocks are more expensive than they were before the 2008 crash and almost as expensive as they were before the dot-com crash in 2000.

50% crash

Warren Buffett is not exactly shouting it from the roof tops but his favorite indicator is pointing to an imminent 50 per cent crash in US stocks. The main indexes are all far too high. You don’t need to be a genius like Warren Buffett to see it.

Just consider the 30 per cent advance in the S&P 500 Index last year and the gain of around one tenth of that in US GDP. The overlay of 1928-9 on the current chart of the Dow Jones is compelling:

Again we appear to be on the precipice of a huge drop in the stock market, with a massive downside. Yet that would only wipe out the gains of the past two years. Given that they appear abnormal in the context of lack lustre US economic growth would this really be so remarkable?

Price spike

Besides we know from long experience of charts in financial markets that the price spike we saw last year is entirely consistent with a market top. The sharp New Year sell-off followed by a brief but unconvincing dead-cat bounce back to the old high is also a classic market topping formation after a long rally.

Where’s the change in economic circumstances since January to justify this turnaround? There is none. Indeed there has been a lot of bad weather that will worsen the data for Q1.

Data today showed manufacturing in New York, northern New Jersey and southern Connecticut slowed this month. The Federal Reserve Bank of New York’s general economic index fell to 4.48 in February from 12.5 in January. Economists in a Bloomberg News survey predicted the index would decline to 8.5.

And who’s the only major investor still sat on a huge pile of cash? Why good old Warren Buffett of course who will be on hand to buy bargains when this crash happens…

If there’s one thing that’s certain about what’s happening in the world right now it’s that uncertainty is pervading every aspect of the global economy. From fabricated employment statistics and consumer spending reports to obscene levels of debt and a failing domestic monetary policy, the writing is on the wall.

Image: U.S. Dollar (Wikimedia Commons).

According to top Casey Research analyst Marin Katusa, who has met with energy ministers and business leaders in over 100 countries, it’s only a matter of time before the world’s reserve currency goes the way of the German Reichsmark and Zimbabwe Dollar.

What we’re talking about here is nothing short of an outright collapse of our banking system, hyperinflation of the US dollar, and a complete destruction of the world as we have come to know it.

This is a must-watch for those trying to understand what’s happening with the economic landscape, how to position yourself for an unprecedented paradigm shift in how Americans live their lives, what to expect as this crisis unfolds, and how to find opportunities when everyone else is in panic mode.

If the petro-dollar ends, the American way of life will be something that will be destroyed.

The inflation will be over 100% because Americans are getting their lifestyle subsidized by the rest of the world.

This is a very complicated issue… but to be summed up quickly, the world has already started trading commodities and oil, not in the petro-dollar.

And if the petro-dollar finally does die, the American way of life is gone.

When that happens – when the rest of the world finally turns its back on the United States – you’d better be positioned in the right assets… tangible assets.

Failure to do so will leave you exposed to a financial collapse unlike anything we’ve ever seen in America.

You want to invest in gold… and that’s why you really want to invest in tangible assets… because the bank system will crash.

And I’m not trying to be a doom and gloom guy, this is just factual.

You want to invest in silver, and gold, and companies that produce what the rest of the world wants, which is gold and silver.

It should be clear that China, Russia, oil-producing nations and emerging markets are positioning themselves for exactly what Marin Katusa describes. They have already established unilateral agreements to replace their petro-dollar transactions with either their own currencies or gold. When the timing is right, they’ll pull the plug, at which point all hell will break loose.

The only assets that will survive the destruction will be physical goods such as those commodities essential to survival – food, energy, water, etc.

On the monetary front, when the dollar becomes worthless, confidence in the system itself will be lost on a global scale. We saw similar effects in 2008, when banks refused to lend to businesses, individuals and even themselves for fear of counter party risk. This will leave only one viable mechanism of exchange that will be trusted by trading partners. If you happen to own some, then while everyone else is trying to figure out how to acquire food or pay for other needs, you’ll be thriving.

Insiders and the well informed like Doug Casey, Rick Rule, and Eric Sprott who want to protect and preserve their wealth are already diversifying out dollar-denominated assets. Foreign governments are doing the same, to the tune of billions of dollars being used to buy up assets in the gold production and mining sector (something sovereign wealth funds also did back in late 2008 at the height of the crisis):

The money now is showing up. For example, Rick [Rule] went and got Korean money, and then also Chinese Money. That’s a billion and a half dollars that is coming in to this sector. K.K.R, a major fund, has now put up a billion and a half dollars to set up shop in Calgary for the junior resource sector. You see a lot of funds now, starting to say, “hey, we are getting back in to the junior resource sector because it is so cheap.”

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If you go to the BRI website, they talk about all of the big shareholders. You have Tocqueville, Sprott, Sun Valley, KCR…

There’s a reason that well known investment firms run by contrarians like Sprott and Casey are buying gold. Because they know what is coming down the pike.

Yellen is going to continue where Bernanke left off, with the troubles. And the reality is, this is going to make a stronger bull market for gold and silver, and it’s going to be even a better market for the junior resource sector.

If gold and silver are heading to new highs it’s because something has gone terribly wrong in our economy and financial markets.

That being said, if gold is rising and the dollar is collapsing then in all likelihood we’ll see stratospheric price increases in everything from food to fuel, so preparing a contingency plan for this scenario is absolutely critical.

The scenario described here, as noted by Marin Katusa, is not just doom and gloom. It’s fact. The system as we know it is under pressure from all sides. When it implodes you’d better be ready.

In 1993, Tom Cruise starred in the movie, The Firm, in which an unwitting recent law school graduate went to work for a major Memphis law firm which paid its newest junior partners exceptionally well. Unfortunately for Cruise, the Firm was a mafia controlled law firm which specialized on legitimizing laundered money derived from organized criminal activities. When any of the lawyers deviated from the criminal enterprise script, they were murdered. Anyone who posed a threat to the Firm, was murdered. The movie, The Firm, is not just a Hollywood movie, it is being acted out in real life.

The Banking Industry Is a Criminal Enterprise Organization

Doug Hagmann has recently revealed the existence of a massive Wall Street surveillance grid conducted between an interlocked triumvirate of the NYPD, the CIA and the banks themselves. And just like the movie, The Firm, the surveillance grid is designed to eliminate all people who could pose a potential threat to bankster operations. Hagmann also revealed that the Senate has looked at financial “irregularities” of JP Morgan in a heavily censored report released in 2013. The cat is out of the bag. These murders represent damage control to keep the plot of a global financial meltdown being engineered by the banksters. Despite the cover-up, there is still enough evidence to conclude that a financial meltdown is in our near future.

Doug Hagmann, in the same article, also revealed the trail of deaths of important bankers who have been suicided. At least it appears they have been suicided unless you believe the fiction of the following story that “Richard Talley, 57, was the founder and CEO of American Title, a company he founded in 2001. Talley and his company were under investigation by state insurance regulators at the time of his death. He was found in the garage of his Colorado home by a family member who called authorities. Talley reportedly died from seven or eight “self-inflicted” wounds from a nail gun fired into his torso and head”. Just like the movie, The Firm, any potential whistleblowers are being murdered before they can testify, hence, the reason, behind the recent rash of murders of the bankers.

It appears that the “smart banksters” got out in the nick of time. In a December 9, 2012 interview on The Common Sense Show, Jim Marrs discussed how approximately 400-500 top level bankers have left the USA in a sudden and dramatic fashion

What ever is coming, is international.Chinese Banks Are Hiding “The Mother of All Debt Bombs” There are also reports which suggest that “Shadow Bankers” have been leaving China for that past year.

There is a planned economic collapse coming and gold will, once again, become the new standard bearer of wealth.

On June 2, 2014, while appearing on The Common Sense Show, former World Bank attorney revealed that the World Bank refuses to surrender gold which rightfully belongs to Germany.

The coming economic collapse and resulting social chaos has not escaped the attention of the intelligence agencies. In December of 2012, I revealed that many former alphabet soup agency members have gone into hiding with like-minded people of similar backgrounds in previously prepared communities to escape some catastrophic societal event. Is this also why former DHS director, Janet Napolitano resigned to assume a mediocre position

There is an undeniable pattern here. The world is heading for a global economic collapse which is designed to usher a “Brave New World” with draconian features which will be discussed in a future article. The coming global economic apocalypse is only half of the plot that a small number of banksters have concocted in order to control all wealth in the country. The rest of this report will demonstrate how the rank and file in this are having their every resource cataloged and tracked as a precursor to total confiscation of all wealth.

Read the rest of the story here: http://thecommonsenseshow.com/2014/02/18/dead-bankers-economic-collapse-the-end-of-humanity/

“Soros Put” Hits Record As Billionaire’s Downside Hedge Rises By 154% in Q4 To $1.3 Billion

Actually, two curious findings: the first was that the disclosed Assets Under Management as of December 31, 2013 rose to a record $11.8 billion (this excludes netting and margin, and whatever one-time positions Soros may have gotten an SEC exemption to not disclose: for a recent instance of this, see Greenlight Capital’s Micron fiasco, and the subsequent lawsuit of Seeking Alpha which led to the breach of David Einhorn’s holdings confidentiality).

The second one is that the “Soros put”, a legacy hedge position that the 83-year old has been rolling over every quarter since 2010, just rose to a record $1.3 billion or the notional equivalent of some 7.09 million SPY-equivalent shares. Since this was an increase of 154% Q/Q this has some people concerned that the author of ‘reflexivity’ and the founder of “open societies” may be anticipating some major market downside.

Then again, as the chart below shows, as a percentage of total AUM, the put position rose to 11.1% of his notional holdings. By way of reference, as of June 30 2013, his SPY put may have had a smaller notional value, but it represented both more shares (7.8 million), and was far greater as a % of AUM, at 13.5%.

Finally, remember that what was disclosed on Friday is a snapshot of Soros’ holdings as of 45 days ago. What he may or may not have done with his hedge since then is largely unknown, and since there are no investor letters, there is no way of knowing even on a leaked basis how the billionaire has since positioned for the market.

That said, while the SPY puts are most likely simply a hedge to his overall bullish exposure, perhaps more notable was the $25 million call position that Soros put on the gold miners ETF which has been beaten into oblivion over the past year, in the fourth quarter. Does Soros think that it is finally the miners’ turn to shine?